18/11/2022 Monitoring note EN
Scope completed a monitoring review of Ukraine
Monitoring review announcement
22/8/2022 Rating announcement EN
Scope upgrades Ukraine’s foreign-currency ratings to CC with Negative Outlook
Completion of foreign debt restructuring informs sovereign credit rating upgrade.
16/8/2022 Rating announcement EN
Scope downgrades Ukraine's foreign-currency ratings to SD
Foreign debt restructuring drives the sovereign credit rating downgrade to selective default (SD).
22/7/2022 Rating announcement EN
Scope downgrades Ukraine's foreign-currency ratings to C with ratings under review
Request for foreign debt restructuring drives the sovereign credit rating downgrade.
17/6/2022 Rating announcement EN
Scope confirms Ukraine's sovereign ratings of CCC and assigns Negative Outlook
Severe recession, potential of debt restructuring, and weakening of external sector underscore Negative Outlook. Significant international funding and political support, and pre-crisis improvement of economic framework, underpin ratings.
1/3/2022 Rating announcement EN
Scope downgrades Ukraine's sovereign ratings to CCC with ratings under review for developing outcome
Russia’s military invasion of Ukraine and associated severe credit implications drive the rating downgrade. Uncertainties surrounding evolution of the conflict and ongoing weakening of credit fundamentals drive rating review.
28/1/2022 Rating announcement EN
Scope assigns Ukraine first-time sovereign ratings of B with Negative Outlook
Improvements of economic policy framework, reserve build-up, reduction in public debt and multilateral support abet ratings*. Elevated geopolitical risk, high external financing needs, restricted market access and record of default reflect challenges.